Stoneacre motor Group turned in a strong performance with pre-tax profits up 29.5% to £7.9m on turnover up 28.5% to £721m in the year to 30 April 2017. In results filed at Companies House it said it was looking to expand further in 2018 as the UK dealer market consolidated. “The continued consolidation of the UK franchised dealer network is ...
Read More »Pendragon renovates Aston Martin dealership in Wilmslow
Aston Martin continues with the development of its UK network. The latest development is in Wilmslow, Cheshire where Pendragon has refurbished the Stratstone Aston Martin dealership. The renovation of the showroom was completed at the end of 2016. Stratstone Aston Martin Wilmslow was ranked the best-selling Aston Martin dealership in the world in 2015. In September last year the carmaker ...
Read More »Stoneacre offers connected car services to customers
Stoneacre has become the first dealer group to partner with Smartdriverclub, the connected car service. It now has access to information about customers’ cars sale using a plug in telematics device in the OBD port. The information provided includes daily reports on mileage covered and fault alerts so that Stoneacre can proactively contact customers to arrange services, repairs and replacement ...
Read More »Stoneacre looks set for expansion in 2017
Stoneacre is looking to expand in 2017 taking advantage of ongoing consolidation in the sector. The company reported pre-tax profits down 9% to £6.1m on turnover up 25.2% to £562m in the year to 24 April 2016. “The consolidation of the UK franchised dealer network continues to provide exciting opportunities, which will enable the company to continue with its controlled ...
Read More »Stoneacre opens Aston Martin dealership in Newcastle
Stoneacre has opened a new Aston Martin dealership in Newcastle. The facility includes a 14-car showroom and a separate Q lounge where customers can customise their car. The move marks a busy time for Aston Martin. In February it announced that Dick Lovett is to represent Aston Martin for the first time with the opening of a dealership in Bristol ...
Read More »Lotus fills open point in Durham with Stoneacre appointment
Stoneacre has signed up to represent Lotus in Durham, sitting alongside its existing Kia and Suzuki businesses. Lotus currently has a network of about 17 dealer franchises in the UK which both sell and service vehicles and an additional 13 service only businesses. The carmaker, which is owned by Malaysian firm DRB-Hicom, is set to open a new car sales ...
Read More »Stoneacre pilots 24-hour Live Chat service
Doncaster-based Stoneacre may launch a 24-hour Live Chat and telephone service if a current pilot scheme is proven a success . The group is currently offering extended hours for its telephone and Live Chat service to customers. Using a home-based working scheme it is now manning phones and Live Chat after work hours, between 7pm and 10 pm. The group ...
Read More »Stoneacre buys £80m-turnover group Autoworld
Stoneacre has acquired Chesterfield-based Autoworld for an undisclosed sum. Doncaster-based Stoneacre, which currently represents Abarth, Chrsler, Citroen, Fiat, Ford, jeep, Kia, Mazda, Peugeot, Seat, Suzuki, Vauxhall and Volvo, is rated 25 in the Motor Trader Top 200 with annual turnover of £395.1m in the year to April 2014. Stoneacre has been expanding. In December last year it bought the £30m-turnover ...
Read More »Stoneacre writes £1.6m of business through finance arm
Stoneacre Motor Group has written £1.6 million worth of finance through its lending arm Stoneacre Financial Services. The Doncaster based group launched its finance arm in 2013 to become the first motor group to lend its own capital to sub prime customers. The £1.6 million was lent to 271 customers . The group’s lending facility is based on a scorecard ...
Read More »Stoneacre buys £30m-turnover Randles group
Doncaster-based multi-franchise group Stoneacre has bought the £30m-turnover Randles Motor Group for an undisclosed sum. Randles operates a Peugeot business in Stafford and Peugeot and Suzuki franchises in Stoke. It also has a three-acre used car business in Stoke. Stoneacre is rated 25 in the Motor Trader Top 200 with turnover of £395.1m and pre-tax profits of £7.1m in the ...
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